OBITS the most unperforming asset on Bitshares network
Bitshares is a complete decentralized platform that holds the most advance DEX that's alive today. Businesses uses bitshares platform to create their own assets making it more easier for them instead of creating their own blockchain.
There are so 1541 assets that are already created on Bitshares platform https://cryptofresh.com/assets. Most of this assets are useless, but we are not about to talk what assets are useless. We are to discuss which "working" asset is unperforming despite that it has a working product that are being used by the users.
Let's talk about OBITS. OBITS is an asset published by Openledger on Bitshares platform. They are reward assets for Openledger publishers and they buyback these assets using their revenue on Open.Assets like Open.BTC, OPEN.EOS and so on.
Openledger are operating for almost four years. It has the largest users on Bitshares platform. Even so, it's buyback system for OBITS isn't enough, making it's prestige assets that reflects their platform is dying. As you can see below, it has the worst performance for a working assets on Bitshares network compared to Bitshares. It entered the year four is to one compared to Bitshares. Now, it's almost 1 is 1. Without any updates, false promises, and most of all dead website. OBITS can be called the most unperforming assets that actually has a working product of all time on Bitshares platform.
We've been hearing from Ronny that there will be update coming soon, but he constantly tells everyone the word "soon". Will there be an update or just another false promise from Openledger?
These are the most possible outcome for OBITS, if there will be no updates, Openledger are scamming it's OBITS investors rewarding themselves with OBITS then dumping it to the market. If there will be an update for OBITS, likely the price will double within just a month for 3 is to 1 Bitshares.
As long as Ronny keeps telling everyone the word soon. I won't expect an update. Likely we are set to be doomed holding OBITS. Check OBITS dead broken website here https://obits.io/
I have few obits,maybe it will worth something in future.Open ledger needs more popular tokens on his platform.
good info for all
Is OBITS safe for everyone..??
Upvote this: https://steemit.com/free/@bible.com/4qcr2i
Bitshares is the best Decentralized exchange I have ever traded. Nice interface with good coins. I have traded sometimes in obit coin. Please tell me about future of obits?? @docmastery
Bitshares is the best Decentralized exchange I have ever traded. Nice interface with good coins. I have traded sometimes in obit coin. Please tell me about future of obits?? @docmastery
Obits isn't going nowhere, unless openledger decides to bring back 100% buyback from their revenues. They also stated that there will be an upcoming update soon, but if it's openledger, "soon" might be something we will not expect to see in months to come.
So you mean to say that future of obit is very bright. ??
@docmastery
I can't give you an answer, because as of now, Openledger are not giving enough information about when and how will they do this.
Ok so it might be little risky to put some investment? Rite
@docmastery